Midac Holdings Co (TSE:6564) Interest Coverage: 30.78 (As of Mar. 2026) — Near Median


TSE:6564 Midac Holdings Co Ltd TSE:6564
91 GF Score
Price 円2,085.00
GF Value 円2,265.71
Valuation Fairly Valued
! 4 Warning Signs
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What is Midac Holdings Co Interest Coverage?

Midac Holdings Co TSE:6564 +1.07% 91 Interest Coverage is 30.78 as of Mar. 2026, which is 3% below its 10-year median of 31.83. GuruFocus rates TSE:6564 with a GF Score™ of 91/100 and a GF Value™ of 円2,265.71 (Fairly Valued). The stock has 4 warning signs investors should review. Among 161 Waste Management companies, Midac Holdings Co ranks better than 83.23% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Midac Holdings Co's Operating Income for the six months ended in Mar. 2026 was 円2,736 Mil. Midac Holdings Co's Interest Expense for the six months ended in Mar. 2026 was 円-89 Mil. Midac Holdings Co's interest coverage for the quarter that ended in Mar. 2026 was 30.78. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Midac Holdings Co's Interest Coverage or its related term are showing as below:

TSE:6564' s Interest Coverage Range Over the Past 10 Years
Min: 11.79   Med: 31.83   Max: 40.05
Current: 30.65


TSE:6564's Interest Coverage is ranked better than
83.23% of 161 companies
in the Waste Management industry
Industry Median: 5.72 vs TSE:6564: 30.65

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Midac Holdings Co  (TSE:6564) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Midac Holdings Co Interest Coverage Related Terms


Midac Holdings Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Midac Holdings Co's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Midac Holdings Co Interest Coverage Chart

Midac Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.01 34.29 40.05 39.44 30.65

Midac Holdings Co Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.56 34.24 44.35 30.46 30.78

TSE:6564 vs WM, RSG, WCN: Interest Coverage Comparison

For the Waste Management subindustry, Midac Holdings Co's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Midac Holdings Co Interest Coverage vs Waste Management Industry

For the Waste Management industry and Industrials sector, Midac Holdings Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Midac Holdings Co's Interest Coverage falls into.


TSE:6564
91GF Score
Midac Holdings Co Ltd TSE:6564
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Midac Holdings Co Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Midac Holdings Co's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Midac Holdings Co's Interest Expense was 円-154 Mil. Its Operating Income was 円4,724 Mil. And its Long-Term Debt & Capital Lease Obligation was 円9,521 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*4723.736/-154.128
=30.65

Midac Holdings Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Midac Holdings Co's Interest Expense was 円-89 Mil. Its Operating Income was 円2,736 Mil. And its Long-Term Debt & Capital Lease Obligation was 円9,521 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2736.417/-88.889
=30.78

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 30.78 mean?
Midac Holdings Co (TSE:6564) has a Interest Coverage of 30.78 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Midac Holdings Co and its competitors. This is near median its historical median of 31.83. Over the past decade, Midac Holdings Co's Interest Coverage has ranged from 11.79 to 40.05. According to the industry distribution chart, Midac Holdings Co ranks #27 out of 161 companies in the Waste Management industry, placing it in the top 16.8%.
Is Midac Holdings Co's Interest Coverage too high?
Midac Holdings Co's current Interest Coverage of 30.78 is near median its 10-year median of 31.83. Over the past 10 years, this metric has ranged from a low of 11.79 to a high of 40.05. The Waste Management industry median Interest Coverage is 5.72. Midac Holdings Co's value of 30.78 is 438.1% above this industry median. Based on the distribution chart, Midac Holdings Co ranks #27 out of 161 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Midac Holdings Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Midac Holdings Co's Interest Coverage compare to WM and RSG?
According to the Waste Management industry distribution chart, Midac Holdings Co ranks #27 out of 161 companies for Interest Coverage. This places Midac Holdings Co in the top 17% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.72. Midac Holdings Co's value of 30.78 is 438.1% above this benchmark. Historically, Midac Holdings Co's own Interest Coverage has ranged from 11.79 to 40.05 over the past decade. While the company's 10-year median is 31.83 vs. the industry median of 5.72, Midac Holdings Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Waste Management company?
The median Interest Coverage among Waste Management companies is 5.72, based on 161 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Midac Holdings Co's current Interest Coverage of 30.78 is 438.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Midac Holdings Co and its competitors. For the Waste Management industry, the median Interest Coverage is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Midac Holdings Co's current Interest Coverage is 30.78, which is near median its own 10-year median of 31.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midac Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Midac Holdings Co (TSE:6564) is currently considered Fairly Valued. The stock's GF Value™ is 円2,265.71, compared to a current price of 円2,085.00 — trading 8% below its estimated fair value. The current Interest Coverage is 30.78, which is near median its 10-year median of 31.83 and 438.1% above the Waste Management industry median of 5.72. Midac Holdings Co's overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Midac Holdings Co (TSE:6564), the current Interest Coverage is 30.78 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Midac Holdings Co (TSE:6564) Overvalued in 2026?

Based on GuruFocus' analysis, Midac Holdings Co stock appears to be undervalued. The current stock price of 円2,085.00 is trading 8% below its estimated GF Value™ of 円2,265.71. GuruFocus considers Midac Holdings Co to be Fairly Valued.

Key valuation signals for TSE:6564:

  • Interest Coverage: 30.78 (near median its 10-year median of 31.83)
  • GF Value™: 円2,265.71 vs. price of 円2,085.00 (8% below fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 438.1% above the Waste Management median (#27 of 161)

No single metric tells the full story. See the TSE:6564 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Midac Holdings Co Business Description

Other Exchanges 6564:Japan
Address 2163 Aritama Minamimachi, Higashi-ku, Shizuoka Prefecture, Hamamastu, JPN, 431-3122
Midac Holdings Co Ltd is engaged in the waste disposal business. It engages in the collection, transportation, and disposal of industrial waste, specially controlled industrial waste, and business-related general waste, household-related general waste, and consignment from local governments. It is also engaged in the recycling business.
91GF Score

Get the complete analysis for TSE:6564

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,085.00
Price
円2,265.71
GF Value